ICAI ARF to reopen books of IL&FS

New Delhi: ICAI Accounting Analysis Basis (ICAI ARF) is all set to look at the method of reopening the books of crisis-hit IL&FS. The Institute of Chartered Accountants of India (ICAI) mentioned ICAI ARF has been assigned the duty of 'reopening' of the books of IL&FS.

"ICAI ARF being a not-for-profit entity would oversee the method of reopening the books of IL&FS together with the ministry. The ICAI ARF can outsource the project in order that it’s over inside an inexpensive time period," an official assertion mentioned.

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